Analysis: Bitcoin futures demand cools, short-term trend may face further pressure

Data from DeFiLlama shows that on-chain trading activity on Robinhood Chain has continued to heat up over the past 24 hours. Its DEX trading volume hit an all-time high of roughly $1.673 billion, ranking second among all blockchains—only behind Solana ($2.454 billion), and surpassing Ethereum Mainnet ($1.378 billion), BSC ($1.093 billion), and Base ($838 million). In terms of network layer fees, Robinhood Chain generated approximately $3.75 million in Chain Fees over the same period, up around 76% from the prior day, and remains first in DeFiLlama’s chain metrics. This figure is about twice the total fees of the four major chains (Solana, Ethereum, BSC, and Base) over the same period. Calculated via DeFiLlama’s on-chain economic model, Robinhood Chain’s on-chain revenue over the past 24 hours reached roughly $3.38 million, also rising around 76% day-over-day. It far outperformed Base ($119,000), Solana ($86,700), Ethereum ($59,700), and BSC ($51,000), and is approximately 10.7 times the combined revenue of these four chains.

According to TradingBeats monitoring, whale address "VBVIT" has recently aggressively shorted BTC, ETH, and XYZ100, an asset linked to the US Nasdaq 100. As of 17:41 Hong Kong time on September 2, the address’s total positions in these three short contracts amount to approximately $107.5 million, with an unrealized profit of around $2.4535 million. Per TradingBeats’ current short position size rankings, the address ranks as the 3rd largest short seller of BTC, 8th largest short seller of ETH, and 2nd largest short seller of XYZ100. Specifically, the address holds roughly 839.45 BTC short contracts, valued at ~$64.3196 million, using 10x leverage, with an average entry price of ~$78,146.8, and current unrealized profit of ~$1.2809 million. It also holds ~11,851.47 ETH short contracts, worth ~$28.1247 million, with 20x leverage, average entry price of ~$2,451.97, and unrealized profit of ~$934,800. Additionally, it holds ~522.16 xyz:XYZ100 short contracts, valued at ~$15.0916 million, with 20x leverage, and unrealized profit of ~$237,800. The address currently has a total of 86 positions, 60 of which are short positions, with a total short position size of ~$137 million, and overall unrealized profit of ~$2.6218 million from its short positions. It is also currently the largest short seller on Hyperliquid for multiple US stock and ETF assets, including 14 names such as ASML, IBM, AVGO, and MRVL. The address previously drew attention from the on-chain trading community for opening nearly $30 million in short positions on SPCX via Hyperliquid. Its historical win rate for completed trades stands at 48.44%.

Beating AI News Flash: NetEase UU Overhauls Remote Terminal Features Mobile users can now create multiple terminal sessions simultaneously, each running coding agents like Claude Code and Grok Build. Tasks won’t terminate when exiting the page, and users can return to check progress at any time. Previously, UU Terminal only supported one session at a time, making parallel multi-agent operations nearly unworkable. The mobile version has also added TUI (Terminal User Interface) support. Menus, selectors, and status bars for tools like Claude Code and Grok Build now display properly and support direct touch selection. Input now leverages the phone’s system keyboard, greatly simplifying typing Chinese, using voice input, and entering special characters. A key practical update is cross-device takeover: terminal tasks started on mobile can be resumed directly on Mac via the command `uuyc-cli lterm attach`; sessions opened on desktop will also sync to mobile when users are out, eliminating the need to restart tasks or re-access history. UU has also expanded its `uuyc-cli`: terminal sessions can be created, queried, connected to, and closed via commands directly; device control, remote assistance, and other operations are also supported through the CLI, with query results available in JSON format. This means UU is not only operable by humans, but also directly callable by agents and automation scripts.

Germany's 2-year government bond yield broke above 3% for the first time since 2024, rising roughly 6 basis points intraday.

HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is up 1.58% over the past 24 hours, currently trading at $1,968, with a 24-hour trading volume of $9.59 million and contract open interest of $9.9 million.

Insight Beating AI Newsflash: Meta Superintelligence Labs has launched Muse Voice Transcribe. The tool integrates real-time speech-to-text, speaker diarization, and end-of-speech detection into a single model. It can process audio up to over one hour long and distinguish between more than 20 speakers simultaneously. In English real-time transcription tests by Artificial Analysis, its Word Error Rate (WER, lower is better) stands at 3.1%, outperforming GPT Live Transcribe (3.9%) and Gemini 3.5 Transcribe Live (4.0%). Muse Voice Transcribe delivers final text roughly 0.16 seconds after a speaker finishes talking. Unlike models that apply a fixed wait time for all words, this model processes 80ms of audio at a time, deciding autonomously whether to continue listening or start outputting. Simple words are transcribed faster, while complex terms wait for additional context to confirm. Meta uses reinforcement learning to optimize both accuracy and latency. The model is trained on over 70 languages, with 25 fully validated, and can directly recognize mixed Chinese-English speech in a single sentence. It is currently integrated into Meta AI for Mac and Muse Code, and the Meta Model API is open for access. Pricing is set at $3 per 1,000 minutes, equivalent to $0.18 per hour.